Republic of Serbia: 2013 Article IV Consultation

Publication Date:

July 15, 2013

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This staff report on the Republic of Serbia’s Article IV Consultation highlights economic background and policies. The global financial crisis exposed Serbia’s unsustainable growth model and its key vulnerabilities. Robust growth has not taken off, and economic activity is below precrisis levels amid widespread structural rigidities. Serbia’s economy is recovering from recession but faces multiple challenges. The successful launch of Fiat production in 2012 is contributing to growth this year, and inflation is declining. Potential growth is constrained by multiple structural hurdles resulting from unfinished structural reforms. Rebalancing the policy mix and launching a comprehensive package of structural reforms are critical to unlocking Serbia’s growth potential.

Series:

Country Report No. 2013/206

Subject:

English

Publication Date:

July 15, 2013

ISBN/ISSN:

9781484301661/1934-7685

Stock No:

1SRBEA2013001

Pages:

70

Please address any questions about this title to publications@imf.org